This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

A Future IPO as Exciting as Twitter

Stocks in this article: YELP FB

NEW YORK ( TheStreet) -- When Facebook (FB) went public in May 2012, I wrote A Future IPO More Exciting Than Facebook about Twitter. Now, with Twitter's public offering sure to produce some form of explosive headlines, I'm still looking ahead.

Lots of tech types -- as well as some perfectly normal people -- like to diss Foursquare as a waste of time. They argue that all it does is satisfy the narcissistic fetish of telling your friends where you are every minute of the day. If you're "checking in" at a five-star restaurant or doing something else widely perceived as cool or of the affluent, all the better.

While I would agree that an app such as Klout -- easily the biggest waste of venture capital since Webvan -- fits this self-indulging bill, I don't with respect to Foursquare. In fact, I argue that Foursquare is every bit as good as Yelp (YELP) and could, in its own way, end up just as useful, fun and engaging as Facebook or Twitter.

Foursquare is fun. And it has gotten much better, and more useful, over the last six months or so.

There's too much focus on devices and apps that change lives or completely disrupt the way we do things. Not every app we put on a smartphone should have to serve missions as lofty (and, quite often, hollow) as giving people the power to share and make the world more open and connected or providing everyone the power to create and share ideas and information instantly without barriers.

Talk about narcissistic and self-indulging!

Whatever happened to fun coupled with down-home, on-the-ground usefulness? I mean sometimes I just want to listen to The Bangles? I don't require the deep meaning I find in Bruce Springsteen and Elliott Smith.

Somewhere along the way, Foursquare made the mistake of allowing itself to get typecast as "that app you use to check-in at places." While it was cool to "check in" a year or two ago, the luster faded fast. Those of us who still use Foursquare to check in are quite likely to rank high on narcissism scales or maybe we just like to compete with our friends for points.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs